Smart Portfolios LLC Invests $269,000 in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF)

Smart Portfolios LLC acquired a new stake in iMGP DBi Managed Futures Strategy ETF (NYSEARCA:DBMF) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 9,579 shares of the company’s stock, valued at approximately $269,000.

Other large investors have also bought and sold shares of the company. US Bancorp DE bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF during the third quarter worth $29,000. Concourse Financial Group Securities Inc. bought a new position in iMGP DBi Managed Futures Strategy ETF during the 3rd quarter worth about $42,000. Matrix Trust Co bought a new position in iMGP DBi Managed Futures Strategy ETF during the 3rd quarter worth about $111,000. Hobbs Group Advisors LLC acquired a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the 2nd quarter valued at about $180,000. Finally, HBW Advisory Services LLC bought a new stake in shares of iMGP DBi Managed Futures Strategy ETF in the second quarter valued at about $182,000.

iMGP DBi Managed Futures Strategy ETF Trading Up 0.1 %

Shares of DBMF stock traded up $0.04 on Wednesday, hitting $26.99. 73,526 shares of the stock were exchanged, compared to its average volume of 337,506. The business has a 50-day moving average of $27.73 and a 200 day moving average of $28.74. iMGP DBi Managed Futures Strategy ETF has a fifty-two week low of $25.60 and a fifty-two week high of $30.63. The firm has a market capitalization of $942.76 million, a P/E ratio of 24.50 and a beta of 0.04.

iMGP DBi Managed Futures Strategy ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 27th were given a dividend of $0.2507 per share. The ex-dividend date was Friday, September 27th.

About iMGP DBi Managed Futures Strategy ETF

The iMGP DBi Managed Futures Strategy ETF (DBMF) is an exchange-traded fund that is based on the Goldman Sachs Hedge Fund VIP index. The fund aims to emulate the performance of a group of CTA hedge funds. The funds model allocates weights to derivatives selected by the funds active managers. DBMF was launched on May 8, 2019 and is managed by iM.